
390,000 sign petition against asset sales
The Government will push ahead with asset sales regardless of a referendum on the issue, Finance Minister Bill English says.
The Government will push ahead with asset sales regardless of a referendum on the issue, Finance Minister Bill English says.
The financial markets see no chance the Reserve Bank will raise the official cash rate on Thursday, so their focus will be on how the accompanying monetary policy statement describes the balance of risks going forward.
Mighty River Power needs to promote loyalty bonus scheme...
New Zealand's sharemarket hit an all-time high this afternoon, a market analyst says.
Mighty River's directors are receiving additional fees of $1200 for each day they spend working to prepare the company for its sale, it was revealed today.
The unresolved issue of Maori water rights may yet have an impact on Mighty River's future operating costs.
If you don't have a broker, you may not be able to sell Mighty River shares quickly, says one fund manager.
One hundred thousand kiwis have now pre-registered for a stake in Mighty River Power as massive public interest puts pressure on the share sale website.
Prime Minister John Key says the rush on pre-registration for Mighty River Power shares is a reflection of the interest in the float but he will not speculate on whether there is a danger it will be over-subscribed.
Mexican tycoon Carlos Slim has once again topped the annual Forbes Billionaires List, while New Zealand's three richest people have all dropped places.
Market players are anticipating strong demand for the Government's partial float of Mighty River Power.
Retailer Postie Plus is again in talks with its bankers as it prepares to announce a "substantial loss" to the market.
Looks like details of the long-awaited Mighty River Power float are set to be released on Monday with the Government raring to go after receiving the all clear from the Supreme Court.
Carl's Jr operator Andy Puzder says he is proud to bring good quality food and service to poorer areas - and at 63 he still eats plenty of his firm's burgers.
Court told Williams used shareholding to override general manager